Bay Street May Open Slightly Weak

India, June 24 -- Canadian stocks may open slightly lower on Wednesday as the mood is likely to remain cautious amid uncertainty about the viability of the US-Iran peace deal.

Weak oil and precious metals prices may weigh on energy and materials stocks.

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West Texas Intermediate crude oil futures are down $2.16 or 2.95% at $71.05 a barrel.

Gold futures are down $122.50 or 2.94% at 4,026.90 an ounce, while Silver futures are down $3.100 or 4.98% at $58.970 an ounce.

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Published by HT Digital Content Services with permission from RTT News....